CRUDE UPDATE
Bears Honeymoon is going to come to an end by the end of today's session
Crude will have a bounce back from tomorrow (July 11) atleast for a week
Strong supports are seen @ 6061 and 6035
In dollar chart Crude is trading now near a strong support of 101.25 $
It has to close below this level to reach 5975-50 in MCX
After watching today's (July 10) close tomorrow's (July 11) opening we shall assure a clear BULLS run for the next 5 days.
I shall update it in the very same space!
On the whole it is better to book (short) profits near 6060 levels
All the best
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